International Economics - International Economics: Standard Trade Model: Part 2 - Indifference Curves

Unlock Global Markets: Master the Fundamentals of International Economics and Trade with Dr. Azevedo. Explore Models, Policies, and Exchange Rates to Navigate the World Economy Efficiently!

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51 learners

What you'll learn

Understand the principles of the Gravity Model and its application in international trade analysis
Apply the Ricardian Model to identify comparative advantages and trade benefits
Analyze trade dynamics using the Specific Factors Model and gain insights into trade impacts
Evaluate the effects of trade policies, tariffs, and exchange rates on international economies

This course includes

11.5 hours of video
Certificate of completion
Access on mobile and TV

Summary

Full Transcript

In this video, I discuss the Standard Trade Model. This is the second of three videos on this model. Dr. Azevedo Department of Economics and Finance University of Central Missouri